First interview was with the HR personnel to get to know a bit about your background, experiences, and qualifications.
Second Interview was with a Product Manager and also Director to determine your relative fit for the position. Director wants to know about your experiences and what you can bring to the company. Also, they are looking for highly creative individuals to join their team. Product Manager looks at your abilities to think on the spot. They give you graphs and tables to look at and evaluate your on the spot analytical abilities.
The people are L'Oreal are pretty nice, but it seems that the team here in Hong Kong is relatively small and there are few opportunities for promotion to senior level management.